(Table: Marginal Utility per Dollar of M&Ms) Andy's total utility from eating snack-size bags of M&Ms is given in the table.The price of M&Ms is $2 per bag.If the price of M&Ms decreases to $1 per bag, Andy' marginal utility per dollar for each bag of M&Ms will
A.increase.
B.decrease.
C.remain constant.
D.fluctuate randomly.
Correct Answer:
Verified
Q26: At the optimal consumption bundle:
A) the marginal
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